Phillips 66 (PSX) forecast

Phillips 66 (PSX) forecast: price $279.95, trailing P/E 16.45, forward P/E 8.89. How to read the street's path.

$279.95Price
$112.24BMarket cap
16.45P/E ?
8.89Forward P/E ?
1.73%Dividend yield ?

The live PSX price is $279.95. Trailing P/E is 16.45 and forward P/E is 8.89. The forecast that matters is the earnings path those ratios imply, not a single target price.

A forward P/E below the trailing P/E means the consensus expects earnings to rise. The reverse means the market is looking at a peak. Neither is a schedule. Analyst targets are useful as a range of models. They are not a contract. Discounted cash flow is the long form: cash flows, a discount rate, and a terminal value you can argue with.

Use this page for the PSX forecast URL. The prediction page next to it puts the same live inputs in the price-target framing. Both stay in sync with the quote on the main page.

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Questions

What is PSX's forward P/E?

The latest forward P/E on Stocklytics is 8.89, against a trailing P/E of 16.45 and a price of $279.95.

Is the analyst target the forecast?

It is one forecast. The earnings estimate behind it is the part you can track. The target will be revised after the next report.